USITC Releases The Year in Trade 2015

The U.S. International Trade Commission (USITC) today released The Year in Trade 2015, its annual overview of developments regarding the administration of U.S. trade laws and trade agreements.

The USITC's The Year in Trade is one of the government's most comprehensive reports available regarding activities related to U.S. trade policies, agreements, and trade laws. This report is the 67th in a series of annual reports submitted to the U.S. Congress under section 163(c) of the Trade Act of 1974 (19 U.S.C. 2213(c)) and its predecessor legislation.

The publication reviews U.S. international trade laws and actions under these laws, activities of the World Trade Organization (WTO), and developments regarding U.S. free trade agreements (FTAs), FTA negotiations, and U.S. bilateral trade relations with major trading partners in 2015.

The Year in Trade 2015 covers:

all U.S. antidumping, countervailing duty, safeguard, intellectual property rights infringement, and section 301 cases active in 2015. In addition, the 2015 report also covers the operation of U.S. trade preference programs, including the U.S. Generalized System of Preferences, the African Growth and Opportunity Act, and the Caribbean Basin Economic Recovery Act, including initiatives for Haiti;

WTO dispute settlement decisions and other significant activities in the WTO, the Organisation for Economic Co-operation and Development, and the Asia-Pacific Economic Cooperation forum;

negotiations regarding the Trans-Pacific Partnership Agreement and the Transatlantic Trade and Investment Partnership, developments regarding the North American Free Trade Agreement and other U.S. FTAs already in effect; and

bilateral trade issues with major U.S. trading partners—the European Union, China, Canada, Mexico, Japan, South Korea, Taiwan, India, and Brazil.

The report also provides an overview of U.S. trade in goods and services during 2015. Statistical tables highlight U.S. bilateral trade with major trading partners and trade under U.S. trade preference programs and free trade agreements.